Gibson voted for the House Republicans’ “cut, cap and balance” budget last week, and said that enough “elements” of it were present in the current deal to win his support.

“I had to make a judgment. This adheres to cut, cap and balance principles, but I still think it falls short of what we need,” he said. “If we had had a downgrade, it would have been very troublesome to our economy and our debt.”

Conservative freshman members like Gibson, many of whom were elected with tea party support, urged House Speaker John Boehner to reject other frameworks that included more tax tweaks. This two-step plan sets up a joint committee that may consider revenue tweaks, including closing tax loopholes, but Gibson predicted political realities would ensure the amount of taxes wouldn’t rise.

“The political realities are, what I see coming out of this agreement, is a consensus that we have a spending problem,” Gibson said. “Before we talk about increasing revenue, we need to get our spending back to an acceptable level.”

His neighbor in the House, Rep. Paul Tonko, said the lack of revenue adjustments is prompting him to vote against the bill. Gibson said he is “concerned” about members like Tonko who were predicting “doomsday” if the debt ceiling wasn’t raised.